Form 4: Bluerock Total Income Plus Real Estate Fund Trustee Acquires Shares as Part of Compensation Plan

Romano Tio, a trustee of Bluerock Total Income (plus) Real Estate Fund, acquired shares of beneficial interest, Class I, as part of the trustee compensation plan.

Summary

• On June 30, 2024, Romano Tio, a trustee of Bluerock Total Income (plus) Real Estate Fund, acquired 179.4688 shares of beneficial interest, Class I, at a price of $27.86 per share.
• This transaction was part of the trustee's compensation plan, where each independent trustee receives $5,000 of Class I Shares per quarter, totaling $20,000 annually.
• Following the transaction, Tio directly owns 2,500.07 shares of beneficial interest, Class I.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to trustee compensation, indicating stable corporate governance practices. The sentiment is neutral to slightly positive.

Positives

• The acquisition of shares by a trustee demonstrates alignment of interest with shareholders.
• The trustee compensation plan provides a structured approach to equity ownership for independent trustees.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by insiders, such as trustees, in publicly traded companies. This filing indicates routine compensation practices.

Related Party Transactions

• The share grant to the trustee as part of the compensation plan is a related party transaction.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning the interests of the trustee with those of the shareholders through equity ownership.

Key Dates

Keywords

Bluerock Total Income Plus Real Estate Fund, Trustee, Share Acquisition, Compensation Plan, Form 4, TIPWX, Romano Tio